EBOS Group has confirmed a total FY2026 final distribution of NZD 0.63670588 per share, with payment due on 18 September. The update also fixes the dividend reinvestment price at NZD 20.47, a 2% discount to the relevant NZX VWAP.
- NZD 0.615 fully franked ordinary dividend
- NZD 0.02170588 unfranked supplementary payment
- AUD equivalent set at AUD 0.51700517
- 2% DRP discount with NZD 20.47 issue price
- Payment scheduled for 18 September 2026
Final Distribution Set at NZD 0.6367
EBOS Group Limited (ASX:EBO) has locked in a total final distribution of NZD 0.63670588 per ordinary share for the six months ended 30 June 2026. The payment comprises a NZD 0.615 fully franked ordinary dividend and a smaller NZD 0.02170588 unfranked supplementary dividend.
The distribution is due to be paid on 18 September 2026. The shares traded ex-dividend on 27 August, with the record date falling on 28 August, so the update is primarily a confirmation of the amount, currency conversion and reinvestment terms rather than a new change to the payment timetable.
Australian Holders to Receive NZD Conversion
For Australian residents, EBOS has set the cash equivalent at AUD 0.51700517 per share, based on an exchange rate of NZD 1.23152709 to AUD 1.00. New Zealand remains the primary payment currency, while the currency received by a securityholder depends on the company's default payment arrangements and registered or banking details.
The ordinary component is 100% franked at a 30% corporate tax rate. The supplementary component carries no franking credits and is entirely unfranked, making the headline total less uniform from a tax perspective than a single fully franked dividend.
DRP Issues Shares at NZD 20.47
EBOS's dividend reinvestment plan applies in full, with shareholders who elected to participate receiving new shares rather than cash for the relevant distribution. The board has set the reinvestment price at NZD 20.47, reflecting a 2% discount to the NZX volume-weighted average price calculated between 31 August and 4 September.
Shareholders who did not elect to participate default to a cash payment. The new DRP shares are scheduled for issue on 18 September and will rank equally with existing ordinary shares from that date, creating a modest equity issue alongside the cash distribution.
What the Update Leaves Open
The filing does not disclose how many shareholders have chosen reinvestment, or how many new shares EBOS will issue under the plan. That eventual figure will determine the scale of the distribution retained within the business versus paid out in cash, and whether the DRP produces a meaningful increase in the company's share count.
Bottom Line?
The key near-term marker is 18 September: payment will reveal the cash outflow and the number of new shares created through the discounted DRP.
Questions in the middle?
- How many shareholders will elect to reinvest at the NZD 20.47 price?
- What will be the final number of new ordinary shares issued under the DRP?
- How will the NZD distribution translate into reported dividend income for holders across Australia and New Zealand?